ANIMAL PLACENTAL PROTEIN MARKET ANALYSIS

Animal Placental Protein Market, By Product Type (Animal Placental Protein Extracts, Animal Placental Protein Powders, Animal Placental Protein Capsules/Tablets, Animal Placental Protein Injections), By Application (Pharmaceuticals, Cosmetics and Personal Care Products, Nutraceuticals and Dietary Supplements, Research and Biotechnology), By Animal Source (Bovine, Porcine, Ovine, Equine, Others), By End user (Pharmaceutical Companies, Cosmetics and Personal Care Companies, Nutraceutical and Dietary Supplement Manufacturers, Research Institutions and Laboratories), By Distribution Channel (Direct Sales, Retail Sales, Online Retail), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Nov 2023
Code : CMI6077
Pages :170
Formats :
Excel and PDF
Industry : Pharmaceutical

Regional Analysis

North America is the largest market for animal placental protein, accounting for over 35% of the global market share in 2022. The high demand for animal placental protein in North America is attributed to the increasing use of placental protein in cosmetics, dietary supplements, and other health and wellness products.

Europe is the second largest market for animal placental protein, accounting for over 25% of the global market share in 2022. The high demand for animal placental protein in Europe is attributed to the increasing awareness about the benefits of placental protein and the growing popularity of natural and organic products.

Asia Pacific is the third largest market for animal placental protein, accounting for over 20% of the global market share in 2022. The high demand for animal placental protein in Asia Pacific is attributed to the growing population and the increasing research and development activities. For instance, according to Nutrients journal, October 2020, researchers at Seoul University, South Korea, conducted a study that showed that in healthy people, supplementing with fermented porcine placental (FPP) significantly reduced fatigue-related metrics and subjective symptoms. Therefore, the findings suggest that, by controlling the inflammatory response, FPP supplementation had an anti-fatigue effect.

North America: U.S. and Canada

Latin America: Brazil, Argentina, Mexico, and Rest of Latin America

Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe

Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific

Middle East: GCC Countries, Israel, and Rest of Middle East

Africa: South Africa, North Africa, and Central Africa